Seller-financed mortgage notes fall under the umbrella of creative financing. The creative aspect leads to notes of all shapes and sizes. The value of a note is determined by several factors unique to each, one of the most important of which is … Note Performance. Let’s dive deeper into this topic to better understand its impact on value. Performance = … Read More
Tips for Making Your Mortgage Note Shine
Good online marketers know that showcasing their products with great photos and professional copy is key to faster sales and higher prices. We have found that mortgage notes are very much the same. When you’ve made the decision to sell your mortgage note or trust deed for cash now, it becomes all about how to make the note more attractive … Read More
How to Find the Right Mortgage Note Buyer
Once you’ve decided to sell your mortgage note or trust deed, the next step is to find a trustworthy professional note buyer. Here are some factors to consider when talking to prospective note buyers about your note. 7 Tips for Finding a Trustworthy Mortgage Note Buyer We realize that it’s not always an easy decision to offer seller-financing on your … Read More
5 Reasons to Sell Your Mortgage Note Now
Have you heard? Folks are selling their owner-financed mortgage notes and trust deeds every day for various reasons and using the lump sum of cash they receive for more urgent or prudent purposes. Why are they selling? It usually comes down to one of two things … a need or a want. Common needs include paying for college tuition or … Read More
What To Do If A Real Estate Note Stops Paying
The last thing someone who buys a real estate mortgage note or owner-finances a home wants is for the borrower to stop making payments. Most borrowers make their payments on time year after year. Unfortunately, some borrowers get behind on payments and need time to catch up. Occasionally, a borrower will stop paying altogether and either just walk away from … Read More
Note Seasoning and Verifiable Payments
What determines the fair market value of a seller-financed real estate note? Is it the interest rate? Yes. Is it the value of the property? Yes. Is it the credit worthiness of the borrower? Yes. I’ll bet you’re seeing a pattern here. There’s not just one single factor that determines the value of your note. It’s actually a combination of … Read More
